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Monday, June 3, 2019

MEI Updates on Monotherapy, Combo Follicular Lymphoma Phase 1b at ASCO

MEI Pharma, Inc.,  (NASDAQ: MEIP), a late-stage pharmaceutical company focused on advancing potential new therapies for cancer, today announced that updated data presented at ASCO 2019 from a Phase 1bstudy of investigational ME-401, a selective oral inhibitor of PI3K delta, demonstrate an 80% overall response rate in patients with relapsed or refractory (r/r) follicular lymphoma (FL) (n= 50). Additionally, the data demonstrate:
  • Comparable overall response rates, ranging from 75% to 83%, across patient groups receiving ME-401 as a monotherapy or in combination with rituximab, and in patient groups dosed with ME-401 once daily on a continuous schedule (CS) or on an intermittent schedule (IS) of once daily for the first 7 days of a 28-day cycle after 2 months of continuous dosing.
  • A lower rate of delayed, grade 3 adverse events (e.g. 8.7% diarrhea/colitis for IS dosing) observed in patients in the IS group.
  • Durable responses in both CS and IS groups with no median yet reached.
The ME-401 ASCO 2019 poster can be accessed on the MEI Pharma website.
MEI has initiated a global Phase 2 study to evaluate the efficacy, safety, and tolerability of ME-401 as a single agent in patients with follicular lymphoma after failure of at least two prior systemic therapies including chemotherapy and an anti-CD20 antibody. The Phase 2 study, now labeled the TIDAL study ‘(Trials of PI3K DeltA in Non-Hodgkin’s Lymphoma), is intended to support an accelerated approval marketing application with the U.S. Food and Drug Administration.

FDA project to aid those seeking access to unapproved cancer therapies

Today, the U.S. Food and Drug Administration Oncology Center of Excellence announced a new pilot program to assist oncology health care professionals in requesting access to unapproved therapies for patients with cancer. A new call center called Project Facilitate will be a single point of contact where FDA oncology staff will help physicians treating patients with cancer through the process to submit an Expanded Access request for an individual patient, including follow-up of patient outcomes.

“For decades, the FDA has been deeply committed to helping facilitate access to investigational medical products for patients with serious or immediately life-threatening diseases, while also protecting patients and helping them to be able to make informed decisions with their physicians. The first option for patients who have exhausted available treatments is to enroll in a clinical trial, but when that is not an option, we support Expanded Access and are exploring ways to make it easier for patients, their families and health care professionals to understand the process and how to access investigational therapies,” said Acting FDA Commissioner Ned Sharpless, M.D. “The FDA has been working diligently to improve the Expanded Access framework, including development of an updated and more streamlined application form, but despite recent improvements, we understand that for many patients or health care professionals, especially those not familiar with the Expanded Access program, the process may appear confusing or burdensome. Today’s launch of Project Facilitate is part of our continued commitment to Expanded Access and we hope that this pilot program will simplify the process for oncologists, and ultimately benefit patients.”
The FDA recently issued guidances encouraging companies to broaden their eligibility criteria to allow more patients with cancer to participate in clinical trials. But in those cases where patients do not fit the trial requirements or live too far from a trial site, health care professionals can request permission from the FDA to treat a patient with an investigational medical product through Expanded Access.
Expanded Access is a pathway for a patient with an immediately life-threatening or serious disease or condition to gain access to an investigational medical product (drug, biologic or medical device) for treatment outside of clinical trials when there are no comparable or satisfactory alternative therapy options available. Because investigational medical products have not yet been approved or cleared by the FDA and have therefore not been found safe and effective for their specific use, part of the FDA’s role in granting Expanded Access requests is helping weigh whether the potential benefit of the investigational treatment justifies the potential risks. To make a request, the patient’s physician will contact the pharmaceutical company to ask for its agreement that it will provide the medical product. The company has the right to approve or disapprove the physician’s request. The FDA authorizes the vast majority of these requests. This process can be perceived as complex to navigate, particularly for oncologists who don’t have experience working with clinical trials or these types of requests.
“Ultimately, a patient cannot submit an application for an investigational medical product; only a qualified physician is able to officially make the request. The new Project Facilitate call center aims to help in making these requests as streamlined and efficient as possible for physicians who would like to request access to investigational therapies for their patients with cancer,” said Richard Pazdur, M.D., director of the FDA’s Oncology Center of Excellence and acting director of the Office of Hematology and Oncology Products in the FDA’s Center for Drug Evaluation and Research. “Through this pilot program, experienced FDA oncology staff will be available to support physicians and other healthcare professionals with their questions, assist in filling out the appropriate paperwork and acting as a facilitator for the process.”
The new pilot call center will enhance the FDA’s efforts to gather data on the Expanded Access program to help improve the process for physicians and patients. Prior to the pilot program launch, Expanded Access requests for patients with cancer arrived at multiple places within the FDA and were forwarded separately to FDA oncology or hematology divisions. The pilot program includes a central office for oncology requests so that the FDA can follow up on individual requests and gather data, such as how many patients received the investigational medical products and if not, why the requests were denied. The FDA can use this data to determine how the process is benefiting patients and health care professionals. In addition, the data could assist in encouraging sponsors to open clinical trials to study drugs for additional indications.
The FDA’s Oncology Center of Excellence, in conjunction with the Reagan-Udall Foundation for the FDA, held a public workshop on May 16, 2019, to obtain input regarding gaps in patient and health care professionals’ knowledge of the current system for Expanded Access requests and to gain feedback on the Project Facilitate pilot program. The Reagan-Udall Foundation for the FDA, an independent 501(c)(3) not-for-profit organization created by Congress for the purpose of advancing regulatory science to support the FDA’s mission, recently updated its Expanded Access Navigator web resource designed to educate patients and health care professionals about the FDA Expanded Access process. The Navigator offers information provided by companies about their Expanded Access policies and now includes Expanded Access programs listed in ClinicalTrials.gov.
The Project Facilitate phone number is 240-402-0004 and the email address is OncProjectFacilitate@fda.hhs.gov. Health care professionals may call during regular business hours, 9 a.m. to 5 p.m., Eastern Standard Time, Monday through Friday. Patients and families with questions can call 301-796-3400 or email druginfo@fda.hhs.gov.
For more information:

Micro-cap device maker G Medical Innovations sets $15M US offering

G Medical Innovations Holdings, which provides app-connected medical devices for monitoring vital signs, announced terms for its US IPO on Monday. The company is currently listed on the ASX under the symbol GMV.
The London, United Kingdom-based company plans to raise $15 million by offering 1.43 million ADSs at a price of $10.50, where it would command a fully diluted market value of $81 million.
G Medical Innovations Holdings was founded in 2014 and booked $3 million in sales for the 12 months ended December 31, 2018. It plans to list on the Nasdaq under the symbol GMVD. H.C. Wainwright is the sole bookrunner on the deal. It is expected to price in June.

Bristol: 1st Results for Opdivo + Yervoy in Liver Cancer at ASCO

Opdivo plus Yervoy yielded objective response rate of 31% and median duration of response of 17.5 months
Data demonstrate potential of Immuno-Oncology combination in fourth most common cause of cancer death worldwide
Bristol-Myers Squibb Company (BMY) today announced first results from the Opdivo (nivolumab) plus Yervoy (ipilimumab) cohort of the Phase 1/2 CheckMate -040 study, evaluating the Immuno-Oncology combination in patients with advanced hepatocellular carcinoma (HCC) previously treated with sorafenib. With a minimum follow-up of 28 months, the blinded independent central review (BICR) objective response rate (ORR) was 31% per Response Evaluation Criteria in Solid Tumors version 1.1 (RECIST v1.1). At the time of data cutoff, the median duration of response (DoR) was 17.5 months (95% CI: 11.1, N/A). These data (Abstract #4012) will be featured at the American Society of Clinical Oncology (ASCO) Annual Meeting 2019 in Chicago in a poster display on Monday, June 3 from 8-11 AM CDT, and in a poster discussion from 3-4:30 PM CDT.
The study randomized patients into three arms evaluating three different dosing schedules of the Opdivo plus Yervoy combination: Opdivo 1 mg/kg and Yervoy 3 mg/kg every three weeks (Q3W) for four cycles, followed by Opdivo 240 mg every two weeks (Q2W) (Arm A); Opdivo 3 mg/kg and Yervoy 1 mg/kg Q3W for four cycles, followed by Opdivo 240 mg Q2W (Arm B); or Opdivo 3 mg/kg Q2W and Yervoy 1 mg/kg every six weeks (Q6W) (Arm C).
Meaningful responses were observed across treatment arms. Patients in Arm A experienced the longest median overall survival (OS) of the cohort at 22.8 months (95% CI: 9.4, N/A) and a 30-month OS rate of 44% (95% CI: 29.5, 57). Opdivo and Yervoy demonstrated a disease control rate (DCR) of 54%, 43% and 49% per BICR using RECIST v1.1 across treatment arms A, B and C, respectively. Across the cohort, 5% of patients experienced a complete response and 26% experienced a partial response. Patient responses were achieved regardless of baseline tumor PD-L1 status. Opdivo plus Yervoy showed an acceptable safety profile and the addition of Yervoy yielded no new safety signals in any treatment arm.

Addus HomeCare Completes Purchase of VIP , Eyes More Acquisitions

Addus HomeCare Corporation (NASDAQ: ADUS), a provider of comprehensive home care services, today announced that it has completed the purchase of the assets of VIP Health Care Services, a provider of home care services, headquartered in Richmond Hill, New York, effective June 1, 2019.  VIP Health Care Services currently serves approximately 1,250 consumers in all five boroughs of New York City as well as surrounding counties.  Addus funded the purchase price of $28.0 million (net of excess cash) through the delayed draw term loan portion of the Company’s credit facility and cash on hand.
Dirk Allison, President and Chief Executive Officer of Addus, commented, “We are very excited that the team at VIP Health Care Services will be joining the Addus organization.  This acquisition is an important step to further our strategy of enhancing operations in key market areas where we already have a strong presence.  VIP Health Care Services provides personal care coverage throughout the New York City area that complements our South Shore operations on Long Island.  With annualized revenues of approximately $50.0 million, we will have combined revenues of over $110.0 million in New York, which is already one of our largest markets.  Additionally, with over 1,500 caregivers operating from six locations in the New York metropolitan area, we look forward to the potential growth opportunities in this important region.
“Now that we have completed the purchase of VIP Health Care Services, our development team is continuing to work on identifying other potential acquisition targets, and our pipeline remains strong.  We will remain focused on opportunities that will enhance our service offering and further extend our market reach.  With a strong financial position and substantial cash flow from operations, we believe we are well positioned to fund and execute additional accretive acquisitions during 2019,” said Mr. Allison.

Nestle gears up to launch its own plant-based burger in US

  • The world’s largest food company sells a soy-based vegan burger in Europe, but Sweet Earth’s version is pea-based.
  • Beyond Meat also uses a pea proteins for its burger, while Impossible Foods’ vegan burger is soy-based.
H/O: Awesome Burger by Sweet Earth
Sweet Earth’s Awesome Burger
Source: Hardy Wilson
Nestle is looking to take a bite of the growing U.S. plant-based burger market.
Through its Sweet Earth brand, which it acquired in 2017, the global food giant will launch its Awesome Burger in the fall. The vegan meat substitute will be available at grocery stores, restaurants and universities.
Sweet Earth founders Brian and Kelly Swette said they began developing their own plant-based burger several years ago — before nearly every restaurant chain announced a plant-based option and Beyond Meat went public.
The Swettes are not newcomers to plant-based meat alternatives either. The company they founded makes about 13,000 pounds of plant-based protein, including meatless bacon and ham, every day. While the Awesome Burger is not Sweet Earth’s first veggie burger, it is the first by the brand that is meant to more closely mimic real burgers.
Although the husband and wife team are now focused on vegetarian food, they have prior experience elsewhere in the food and beverage industry. Brian Swette served as chairman of Burger King and as chief marketing officer of PepsiCo. Kelly Swette also worked at PepsiCo, first as a director of marketing and then as a director of national sales.
As the world’s largest food company, Nestle is able to help Sweet Earth with sourcing and production — a competitive advantage for the plant-based food brand, according to Kelly Swette. Both Impossible Foods and Beyond Meat, the two leading purveyors of plant-based burgers, have struggled at times to meet soaring demand because of limited production capacity.
“We have great admiration for our competitors and what they’re trying to do, but we’re also excited about competing,” Brian Swette said.
In April, Nestle launched a soy- and wheat-based veggie burger under its Garden Gourmet brand in Europe. German customers can purchase its Incredible Burger in McDonald’s.
Sweet Earth’s burger will be primarily made with yellow pea protein.
“We just felt for the U.S. market, pea protein is really trending and is popular for a variety of reasons, one of which is that it’s an extremely sustainable crop,” Kelly Swette said.
Beyond also uses pea proteins for its beef substitutes, while Impossible Foods uses a soy protein base.
An organic version of the Awesome Burger will also be sold. Kelly Swette said that the burger acts similarly to traditional beef when cooked but is higher in protein and fiber.
The Awesome Burger will be priced “competitively” to other plant-based burgers. But down the road, she said, as manufacturing and sourcing improve, the price could move closer to that of a beef burger.
Nestle is not the only Big Food company trying to compete with Impossible Foods and Beyond Meat as more consumers try to reduce how much meat they eat. Tyson Foods sold its stake in Beyond prior to the latter’s initial public offering so that it could make its own meatless burger. Kellogg’s Morningstar Farms brand plans to be entirely plant-based by 2021. And last year, Unileveracquired The Vegetarian Butcher, a Dutch maker of plant-based meat.
More U.S. consumers are eating meat substitutes as a way of reducing their meat consumption for health and environmental reasons.
Alexia Howard, a senior research analyst at Bernstein, estimates that sales of imitation products, which account for around $13 billion currently, could rise to $40 billion to $41 billion in the next 10 years.

FDA OKs Merck med for hospital-acquired, ventilator-linked pneumonia

The U.S. Food and Drug Administration today approved a new indication for the previously FDA-approved drug, Zerbaxa (ceftolozane and tazobactam) for the treatment of hospital-acquired bacterial pneumonia and ventilator-associated bacterial pneumonia (HABP/VABP) in patients 18 years and older. The FDA initially approved Zerbaxa in 2014to treat complicated intra-abdominal infections and for complicated urinary tract infections. The FDA granted the approval of Zerbaxa for the treatment of HABP/VABP to Merck & Co., Inc.
“A key global challenge we face as a public health agency is addressing the threat of antimicrobial-resistant infections,” said FDA Principal Deputy Commissioner Amy Abernethy, M.D., Ph.D. “Hospital-acquired and ventilator-associated bacterial pneumonia are serious infections that can result in death in some patients. New therapies to treat these infections are important to meet patient needs because of increasing antimicrobial resistance. That’s why, among our other efforts to address antimicrobial resistance, we’re focused on facilitating the development of safe and effective new treatments to give patients more options to fight life-threatening infections.”
HABP/VABP occur in patients in hospitals or other health care facilities and can be caused by a variety of bacteria. According to data from the U.S. Centers for Disease Control and Prevention, HABP and VABP are currently the second most common type of hospital-acquired infection in the United States, and are a significant issue in patients in the intensive care unit (ICU).
The safety and efficacy of Zerbaxa for the treatment of HABP/VABP, administered via injection, was demonstrated in a multinational, double-blind study that compared Zerbaxa to another antibacterial drug in 726 adult patients hospitalized with HABP/VABP. The study showed that mortality and cure rates were similar between Zerbaxa and the comparator treatment.
The most common adverse reactions observed in the HABP/VABP trial among patients treated with Zerbaxa were elevated liver enzyme levels, renal impairment or failure, and diarrhea.
Zerbaxa should not be used in patients with known serious hypersensitivity to components of Zerbaxa, as well as hypersensitivity to piperacillin/tazobactam or other members of the beta lactam class of antibacterial drugs.
Zerbaxa received FDA’s Qualified Infectious Disease Product (QIDP) designation for the treatment of HABP/VABP. The QIDP designation is given to antibacterial and antifungal drug products intended to treat serious or life-threatening infections under the Generating Antibiotic Incentives Now (GAIN) title of the FDA Safety and Innovation Act. As part of QIDP designation, the Zerbaxa marketing application for the HABP/VABP indication was granted Priority Review under which the FDA’s goal is to take action on an application within an expedited time frame.